Analysis: Sinn Féin mortgage relief proposal could cost taxpayers €500m

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Analysis: Sinn Féin mortgage relief proposal could cost taxpayers €500m
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Sinn Féin's mortgage relief proposal has been ruled out by the Minister for Finance who said with 'major taxation and expenditure issues' due to expire in the coming weeks, the government cannot 'make it up as we go along'

Sinn Féin has opened up a new political front by focusing on the families in “mortgage misery.”

For years, people with tracker mortgages were urged to hold onto them at all costs because they were able to pay a very low interest rate which tracked the zero per cent interest rates charged by the European Central Bank .

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